Nigeria Lithium Mining Hub Emerges in Nasarawa State
Nasarawa State has emerged as Nigeria’s hub for lithium mining and processing, with current investments valued at $850 million. According […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
Dangote Refinery Sets Conditions For NNPCL Stake Expansion
Aliko Dangote, President of the Dangote Group, has outlined new conditions for the Nigerian National Petroleum Company Limited (NNPCL) to
African Business News
France Wealth Tax Vote Looms Amid Austerity Budget Deadline
French lawmakers are set to vote on a proposed wealth tax on Saturday, following a threat from a key swing
African Business News
Trump Reverses Copper Smelter Emissions Rules
US President Donald Trump has overturned a Biden-era regulation on air pollution from copper smelters, granting a two-year exemption from
African Business News
Nigeria Gas Exports To Boost After EU Russian LNG Ban
Nigeria is poised to increase its gas exports following the European Union’s ban on importing Liquefied Natural Gas (LNG) from
African Business News
Nigeria Secures $200m Fund For Displaced Persons
The Bank of Agriculture (BOA) has secured a $200 million Livelihood Support Fund in partnership with the International Organization for
African Business News
Dangote Net Worth Reaches $30.2 Billion
Aliko Dangote, Africa’s richest man and President of the Dangote Group, has seen his net worth rise to $30.2 billion,
African Business News
Bodo-Bonny Road to Open by November End
The Minister of Works, Engr. David Umahi, has issued a directive for the Bodo-Bonny Road in Rivers State to be
France credit rating outlook downgraded to negative by Moody’s
France’s credit outlook has been revised to ‘negative’ by Moody’s, a leading credit ratings agency, due to the country’s political
African Business News
Dangote Refinery petrol abandoned for cheaper imports
Nigerian petroleum product marketers have announced plans to abandon Dangote Refinery’s petrol in favor of cheaper imported fuel. According to
African Business News
Nigeria exits global financial watch list after reforms
Nigeria has officially been removed from the list of jurisdictions under increased monitoring, also known as the grey list, by
US sanctions on Russian oil fail to woo India, backfire with economic consequences
The United States’ efforts to persuade India to stop buying Russian oil have been unsuccessful, prompting Washington to resort to